Wealth creation in 2020 was largely immune to the challenges facing the world due to the actions taken by governments and central banks to mitigate the economic impact of COVID-19, Credit Suisse Research Institute's twelfth Global Wealth Report found. 

The pandemic had a profound short-term impact on global markets in the first quarter of 2020. The report estimates that $17.5 trillion was lost from total global household wealth between January and March 2020, equivalent to a fall of 4.4 percent. This was largely reversed by the end of June. 

Surprisingly, in the second half of 2020 share prices continued on an...